Shoshone, ID is a great place to buy a home. The median value of homes in the area is $264,000 which is significantly lower than the US median value of $338,100. Furthermore, the 1 year house appreciation rate in Shoshone, ID is 13.72%, much higher than the US average of 8.27%. This makes Shoshone a great place for those looking to invest in real estate. With such low prices and high appreciation rates, buying or renting property in Shoshone can be a smart move for anyone looking for an affordable home in the area.
The median home cost in Shoshone is $264,000. Home appreciation the last 10 years has been 167.8%. Home Appreciation in Shoshone is up 21.1%.
Average Age of Homes
- The median age of Shoshone real estate is 57 years old
The Rental Market in Shoshone
- Renters make up 29.0% of the Shoshone population
- 2.7% of houses and apartments in Shoshone, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.